Yet, the exchange also moved formally to stem the reaction to the news.
However, Lee stressed that the on-site visitations are "very common" for businesses in China and continued to express an opti... Read More
Overall, the public statements aimed to serve as a reminder to citizens who may be considering the digital currency as an investment, and both quoted a government circular released in 2013 saying that... Read More
Lee told CoinDesk:
Still, local traders indicated that they were not surprised by the news that some margin trading services had been updated, given the longstanding lack of legal clarity under whi... Read More
"The good side of margin trading is it provided additional liquidity to the market, the bad side is it is easy for investors to lose money," he said.
Nonetheless, news spread quickly about the chan... Read More
He doesn’t think the recent adjustments to foreign currency controls will affect Bitcoin price or trading. “Capital controls have been in place in China for a long time, and they have already been... Read More
Analysis: What 2019 Could Bring for Bitcoin
Trading in altcoins was a big part of what made Bitcoin price spike towards the end of 2017. A section of the crypto space argues that while altcoins helped Bitcoin’s market cap swell, they also bro
Bitcoin Cash Going Down as Stellar Warms up
Bitcoin Cash’s market cap has been cut in half since the Nov. 15 hardfork which birthed the Bitcoin ABC and Bitcoin SV chains. Now at a mere $3.5 bln and a unit price of ~$201 as at the time of writ
300k User Data from Chinese Auto Finance Platform Sold For One Bitcoin on Dark Web
It is revealed that 300,000 pieces of user data from a Chinese auto finance platform Jiurong were compromised and priced at one bitcoin on the dark web.
According to the leaked data posted, persona
Heyday of Bitcoin Mining Rigs Business at China’s Huaqiangbei is Over Amid Crypto Market Carnage
Bitcoin price slumped to a 13-month low of about $4,300 on Wednesday, making mining the world’s leading digital currency an unprofitable business. A lot of mall miners, mining rigs dealers and minin